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  1. What would be the impact be on Canadian homeowners?

    Will Liberals put a tax on primary residence sales? Corben GrantCanadian Real Estate Wealth One thing that all real estate investors are painfully aware of when they plan on owning a property is the capital gains tax. With the rules currently in place, you must pay capital gains taxes on the profits you make from […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 24-04-2022
    Real Estate Related

  2. A 32-storey tower with 534,000 square feet set to completed in 2023

    Vancouver office market receiving a post-COVID boost https://rem.ax/39nQ94yWestern Investor Tech, life sciences tenants are showing interest in downtown space  B6, set to completed in 2023, is 47 per cent preleased as tenant demand roars back with the return of in-person work.Musson Cattell Mackey Partnership/BentallGreenOak Demand for space as companies return to in-person work arrangements will […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 24-04-2022
    Real Estate Related

  3. Calgary’s commercial sales into record territory during the first three months of 2022

    Calgary bounces back as CRE sales rise, office vacancy drops Frank O’BrienWestern Investor  A combination of higher oil prices, pent-up demand and what are seen as bargain prices for property pushed Calgary’s commercial sales into record territory during the first three months of 2022. If the previously reported sale of the Bow office tower, which […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 22-04-2022
    Real Estate Related

  4. Chemtrade launches process to sell Vancouver Real Estate through a sale-leaseback transaction

    North Vancouver waterfront industrial site goes to market Peter MithamWestern Investor Port authority intends to exercise its option to purchase the lands Chemtrade has announced plans for a sale-leaseback transaction of the 40 acres it owns at its 58-acre site in North Vancouver. | North Shore NewsVancouver Fraser Port Authority is the front-runner to purchase […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 22-04-2022
    Real Estate Related

  5. 32 units industrial strata in Langford sells for $37 Million

    New Lanford industrial strata sells out during construction William Wright CommercialWestern Investor Agents for the 110,000-square-foot complex pre-sold all 32 strata units in 10 months for a total of $37 million. William Wright Commercial, Victoria, B.C., for Western Investor   Type of property: Industrial strata Location: West Shore Business Park, 4342 West Shore Parkway, Langford, […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 21-04-2022
    Real Estate Related

  6. New multi-use housing building in Surrey builds opportunity

    Massive investment in BC housing supply announced Ephraim Vecina other New housing complex provides more than 100 low-cost units Federal and provincial investments of $5 million and $25 million, respectively, have been announced for a new multi-use housing building in Surrey, British Columbia. The investment in the new six-storey Foxglove complex, situated at 9810 Foxglove […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 21-04-2022
    Real Estate Related

  7. Housing market starts to drop in 2022

    Vancouver housing market faces slower price growth, drop in building starts in 2022 Michelle McNallyLivabl Vancouver’s housing market could see home prices gradually fall this year while challenges related to housing starts, labour shortages and affordability continue to linger. The Canada Mortgage and Housing Corporation (CMHC) recently released its Housing Market Outlook report, which outlines […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 21-04-2022
    Real Estate Related

  8. Ontario home selling changes coming April 1, 2023 – no more blind bidding

    Ontario home selling – changes coming The Canadian Pressother  The Ontario government is giving property sellers the option of disclosing the details of competing offers, but not going as far as to ban blind bidding. Minister of government and consumer services Ross Romano said in a statement that sellers will get to choose if they […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 19-04-2022
    Real Estate Related

  9. March definitely saw a slowdown compared to February in terms of both activity and price growth | CREA

    Home sales and average prices fell in March Peter EvanzCBC Radio  Both the average selling price and the number of homes sold declined in March compared to February’s level, according to the Canadian Real Estate Association. (Evan Mitsui/CBC) Canada’s red-hot real estate market showed signs of cooling down in March as both the number of […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 18-04-2022
    Real Estate Related

  10. Six-acre waterfront site in the master planned Painted Ridge lakefront development

    Kootenays the comer in B.C.’s recreational real estate rush Peter MithamWestern Investor Invermere and the rest of the Kootenays are seeing among the strongest property price gains in Canada as big-city buyers move in from the west and the east  Invermere: six-acre waterfront site in the master planned Painted Ridge lakefront development priced at $995,000. […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 14-04-2022
    Real Estate Related
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